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Home›Infrastructure›Australian State Sets Aside AUD 124.5 Million for Offshore Wind Terminal
Infrastructure

May 6, 2026 · about 4 months ago

Australian State Sets Aside AUD 124.5 Million for Offshore Wind Terminal

The Government of Australia’s state of Victoria has committed AUD 124.5 million in the 2026/27 budget to progress environmental assessment of the Victorian Renewable Energy Terminal at the Port of Hastings – an important piece of infrastructure to support the state’s offshore wind ambitions. This fu

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Australian State Sets Aside AUD 124.5 Million for Offshore Wind Terminal
Port of Hastings Corporation, Victorian Renewable Energy Terminal EES referral; Visual Representation of Potential Site Layout

At its peak, the offshore industry is expected to create over 2,370 jobs and generate billions in investment, the government said.

Minister for Ports and Freight, Melissa Horne, said: ”We are investing in the technical and environmental assessments at the Port of Hastings to ensure that we are protecting the Ramsar listed wetlands and have ensured that we are on the best footing to successfully meet the Environmental Effects Statement criteria.”

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